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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 9 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Revenue, Initial Application Period Cumulative Effect Transition [Table Text Block]
Effects of adoption of ASU 2014-09 are as follows:
 
 
 
At January 1, 2018:
 
 
 
 
 
 
Prior to
 adoption of
ASU 
2014-09
 
 
Subsequent to

adoption of ASU

2014-09
 
 
Change
 
Accumulated deficit
 
$
(39,425,900
)
 
$
(39,345,747
)
 
$
(80,153
)
Deferred commission cost
 
$
-
 
 
$
80,153
 
 
$
80,153
 
Schedule of Cumulative Effect Ajustment to Statement of Financial Position [Table Text Block]
Effects of adoption of ASU 2017-11 modified retrospective are as follows:
 
 
 
At January 1, 2018:
 
 
 
 
 
 
Prior to 
adoption of
ASU 
2014-09
 
 
Subsequent to

adoption of ASU

2014-09
 
 
Change
 
Derivative liabilities
 
$
2,984,010
 
 
$
-
 
 
$
(2,984,010
)
Additional paid in capital
 
 
40,120,293
 
 
 
40,881,783
 
 
 
761,490
 
Accumulated deficit
 
$
(39,425,900
)
 
$
(37,203,380
)
 
$
2,222,520
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
Potentially dilutive securities excluded from the computation of basic and diluted net earnings (loss) per share for the nine months ended September 30, 2018 and 2017 are as follows:
 
 
 
September 30,
2018
 
 
September 30,
2017
 
Preferred stock
 
 
280,389
 
 
 
281,199
 
Options to purchase common stock
 
 
1,025,247
 
 
 
1,051,083
 
Warrants to purchase common stock
 
 
1,881,041
 
 
 
2,522,201
 
Restricted stock units
 
 
194,674
 
 
 
156,339
 
Totals
 
 
3,381,351
 
 
 
4,010,822
 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following represents a reconciliation of the numerators and denominators of the basic and diluted earnings per share computation for the three and nine months ended September 30, 2018 and 2017
 
 
 
Three months ended September 30,
 
 
Nine months ended September 30,
 
 
 
2018
 
 
2017
 
 
2018
 
 
2017
 
Net (loss) income
 
$
(1,333,036
)
 
$
183,421
 
 
$
(3,590,174
)
 
$
(2,838,702
)
Less: preferred stock dividends
 
 
(13,233
)
 
 
(20,000
)
 
 
(40,507
)
 
 
(60,000
)
(Loss) income available to common stockholders
 
 
(1,346,269
)
 
 
163,421
 
 
 
(3,630,681
)
 
 
(2,898,702
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
 
 
7,084,716
 
 
 
4,502,565
 
 
 
6,676,968
 
 
 
4,491,028
 
Plus: incremental shares from assumed exercise-options
 
 
-
 
 
 
167,797
 
 
 
-
 
 
 
-
 
Plus: incremental shares from assumed exercise-warrants
 
 
-
 
 
 
357,329
 
 
 
-
 
 
 
-
 
Adjusted weighted average common shares outstanding
 
 
7,084,716
 
 
 
5,027,691
 
 
 
6,676,968
 
 
 
4,491,028
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
(0.19
)
 
$
0.04
 
 
$
(0.54
)
 
$
(0.65
)
Diluted
 
$
(0.19
)
 
$
0.03
 
 
$
(0.54
)
 
$
(0.65
)